2022 National Occupational & Process Safety Conference & Exhibition

The premier event for safety professionals in the refining and petrochemical industries.

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2022 Labor Relations/Human Resources Conference

Join industry leaders and experts to talk potential solutions to current workforce challenges and get insight on navigating the road ahead.

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What’s New

What drives prices at the pump

by
AFPM Communications
Oil markets are famously sensitive to uncertainty. Global conflict can send prices higher on concerns that crude oil supplies could be disrupted. This is playing out in response to Russia’s unprovoked acts of war against Ukraine. Russia is a major supplier of crude oil and other energy products globally, though less so in the United States. In recent days, many market participants have committed to stop purchasing Russian oil. Shipping companies are concerned about loading cargoes from Russia and some shippers are finding the cost associated with such cargoes too high. These moves are tightening an already tight market.

18.6 million

U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.

4 million

We create the jobs that employ more than 4 million Americans in 33 states.

$185 billion

Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.